Tag: Reserve Bank of India
RBI dismisses Bloomberg report claiming $12 Billion worth of Gold was sold by the central bank; When will western media stop spreading lies about...
In an official statement issued on June 3, the Reserve Bank of India stated that reports suggesting it had sold gold reserves were "not correct."
RBI’s warning to states: Cut debt or risk growth, welfare, and investment
The Reserve Bank of India recently issued a report titled “State Finances: A Study of Budgets 2023–24.” With the report, the central bank has sent a clear alarm to all states.
Plastic money, hidden costs: Why Private Banks’ Credit Cards are drawing the loudest complaints from customers
Out of the 50,811 credit card complaints, a massive 32,696 were against private banks, showing how sharply the complaints map onto the aggressive expansion of private card businesses.
India’s retail inflation drops to lowest point in over eight years, read how government of India has played a major role in achieving that
The retail inflation has hit a new low for the last eight plus years, it settled at 1.54% in September as opposed to August's 2.07%.
Reserve Bank of India goes for more reforms and growth oriented approach
The central bank upgrades GDP estimates, while announcing sweeping reforms for credit, banking, and rupee internationalization.
Reserve bank of India pushes bold plans to quicken rupee’s internationalization
The six-member panel, which was chaired by Governor Sanjay Malhotra, unanimously decided to maintain its neutral position and maintain the repo rate at 5.5%. In a show of confidence in India's economic resilience in the face of global uncertainty,